The Canadian Dollar continued its march lower on Friday.
Canada remains inconsequential on the economic calendar.
CAD traders to wait for next Tuesday’s Canadian CPI print.
The Canadian Dollar (CAD) found fresh lows on Friday as broader markets continues to pivot into the safe haven Greenback. A slight miss in US Retail Sales was all it took to bolster the US Dollar and send USD/CAD into fresh multi-year highs.
Canada continues to remain absent from the economic calendar this week. A week of strictly low-tier, low-impact data has left the Canadian Dollar on the ropes, but next week’s Canadian Consumer Price Index (CPI) inflation print is unlikely to change matters much.
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